​GOOD MORNING INDIA!

DAILY NEWS UPDATES ON ENERGY AND INFRASTRUCTURE

Encouraged by the drop in tariff to a record low of Rs 3.46 per unit in the first auction of wind power, the government plans to put on the block more such projects in the next financial year, according to Piyush Goyal, minister for power, coal, mines and new & renewable energy.

The Centre will soon come out with policies on the second-generation ethanol as well as methanol, non-conventional fuel resources, which will bring down the crude import bill by Rs 1 lakh crore, Union Minister Nitin Gadkari said today.

The Ministry of Environment Forest and Climate Change (MoEFCC) in its technology hunt spree to reduce emissions of thermal power plants has zeroed down on Flu Gas Desuplhurization (FGD) technology, which according to a section environmentalist is an outdated technology used in the last century

Thousands of contract coal workers in India including hundreds of such workers who were employed in EMTA open cast mine in Bhadravati, Chandrapur district are sitting idle since more than 22 months because of negligence on the part of Ministry of Coal

GMR Chhattisgarh Energy Limited (GCEL), a subsidiary of GMR Infrastructure Limited (GIL) has announced that the consortium of lenders of GCEL have adopted strategic debt restructuring plan (SDR), as provided under the scheme permitted by the RBI

Last Thursday 3 pm onwards, every player of the Indian wind industry geared up for real action which continued till wee hours of Friday. In the first ever wind bidding by state-run Solar Energy Corp. of India (SECI) for 1000 MW bidders were allowed to locate projects in the state of their choice and most have opted for Tamil Nadu and Gujarat.

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 55.18 per barrel (bbl) on 24.02.2017.

India’s crude oil import bill is expected to increase by 12.5 percent to $72 billion in the current financial year (2016-17), according to Petroleum Planning and Analysis Cell (PPAC), the oil ministry’s technical wing.

INFRASTRUCTURE

Hiranandani Energy, the energy arm of Hiranandani Group, today said it has commenced the construction work of jetty for the floating storage and regasification unit (FSRU) project at the Jaigarh port in Maharashtra.

‘Made in India’ steel to get preference in infrastructure projects: Steel secretary Aruna Sharma.The Ministry of Steel is taking a three-pronged approach to support the domestic industry, which has faced low demand and the influx of cheap imports. It is also trying to lower input costs, said steel secretary Aruna Sharma

To provide passengers with quality services, Union Railway Minister Suresh Prabhu will inaugurate new policies and new trains to revolutionize train travel at 3 PM on Monday. Prabhu will be accompanied by Ministers of State for Railways Manoj Sinha and Rajen Gohain

Harbour line services on Central Railway were hit after three wagons and brake van of a goods train derailed between Ravli and Kurla on down harbour line early on Monday morning. Railway authorities were clearing the tracks for normal services to resume on the suburban line